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Friday heavy lifting saves Nifty from record nine weeks of losses. Can bulls take charge now? ↗

Nifty broke its eight-week losing streak, rising nearly 1.3% on Friday to close above 22,500 as IT, FMCG and auto stocks led a relief rally. However, persistent FII selling, elevated US bond yields, crude oil prices and the RBI’s shift to calibrated tightening continue to cloud the market outlook.

From The Economic Times Markets

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2 sources

  1. The Economic Times Markets · 9 Oct, 16:12 IST
  2. The Economic Times Stocks · 9 Oct, 16:12 IST

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